PLAINVIEW, N.Y. (AP) — PLAINVIEW, N.Y. (AP) — Veeco Instruments Inc. (VECO) on Wednesday reported profit of $15 million in its fourth quarter.
The Plainview, New York-based company said it had net income of 26 cents per share. Earnings, adjusted for one-time gains and costs, were 41 cents per share.
The precision manufacturing equipment maker posted revenue of $182.1 million in the period.
For the year, the company reported profit of $73.7 million, or $1.23 per share. Revenue was reported as $717.3 million.
For the current quarter ending in March, Veeco expects its per-share earnings to range from 26 cents to 36 cents.
The company said it expects revenue in the range of $155 million to $175 million for the fiscal first quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VECO at https://www.zacks.com/ap/VECO
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